March 14, 2016/SEC Total assets under management in the global Islamic finance industry had surpassed $2 trillion (N394 trillion) by the end of 2014 this is even as the global sukuk market continues to witness remarkable growth since after the 2008 global financial crisis as Annual issuances have grown from […]
Tag: Turkey
Turkey Outlook Cut by S&P Citing ‘Hard Landing’ Risk
Turkey’s credit rating outlook was cut to negative from stable by Standard & Poor’s, which said there’s a growing risk of a “hard economic landing” as reserves decline and policy makers spar over interest rates. The move by S&P, the only one of the three main credit rating companies that […]
Asia shares rally as China cools money rates, yen slips
Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo’s Nikkei .N225 rally 1.5 percent and dragged […]
